22 Katherine Road, Toronto, ON
Downsview-Roding-CFB, Toronto · MLS® W13040678
About this home
Rare Find in Prime Toronto Location! Detached 3-Bedroom Bungalow 22 Katherine Rd, Toronto Nestled in a quiet and highly desirable pocket just north of Wilson and west of Dufferin, this charming and solid detached bungalow is a standout opportunity in a rapidly transforming neighborhood filled with new custom-built homes. Fully Renovated Interior! Enjoy peace of mind with a newly upgraded roof, a modernized kitchen with stylish finishes, and a completely renovated washroom all thoughtfully updated for todays comfort and functionality. The home is clean, well-maintained, and move-in or rent-ready, ideal for: End-users seeking a ready-to-enjoy home. Investors looking for steady rental income. Builders/Renovators exploring future custom builds. Area Highlights: Minutes to Yorkdale Mall, Wilson Subway, and Highway 401. Close to retail at Dufferin & Wilson, Lawrence Allen Centre, and major grocery stores. Surrounded by great schools, green parks, and diverse dining options. Excellent TTC & GO transit access, with an easy commute to downtown Toronto. A golden opportunity to invest, live, or build in one of North York's fastest-growing and appreciating pockets!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13040678
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 41.21 × 132.2 ft
- Cross streets
- Wilson Ave./Dufferin St.
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,850 / 2025
- Days on market
- 84
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
hardwood floor · large closet
laminate · above grade window
above grade window · separate room
family size kitchen · breakfast bar
eat-in kitchen · combined w/kitchen
hardwood floor · large closet
hardwood floor · large closet
hardwood floor · large closet
combined w/kitchen · above grade window
combined w/living · tile floor
Listed at $1,049,000, this home is about 5% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,166/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $998K
- Bedrooms −$30K
- Adjusts to $968K
That comparable adjusts to $968K; the $1000K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Faywood Arts-Based Curriculum School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Maniza Rd at Spalding Rd is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $1000K, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 1% below the area average of $1,178/sqft.
83 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Downsview-Roding-CFB, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Maniza Rd at Spalding Rd, about 197 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $839,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,478
- Property tax
- $404
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,882
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,455
- Toronto municipal land transfer tax
- $17,455
- Estimated closing costs
- $34,910
Plus your down payment of $209,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $268,697
- Principal paid down
- $106,872
- Interest paid
- $161,825
- Balance remaining
- $732,328
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.